Everything posted by TroyEros
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Cincinnati: Over-the-Rhine: Development and News
So what has happened with that North Point development project? I saw this on the Keep the Courts FB page: No idea if that has caused this project to stall.
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Cincinnati: Over-the-Rhine: Development and News
Hen of the Woods will open on Main St, one day.....It seems like the owners are currently more concerned about selling their kettle chips to Whole Foods.
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Cincinnati: Over-the-Rhine: Development and News
Street pops on main St has shut down permanently. Again the viability of main Street and its retail is incredibly concerning to me.
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Cincinnati: Over-the-Rhine: Development and News
4,500 SF in total. Divide that by 3, and you get 1500 SF of space for each retail spot. Also, I was under the impression that 3cdc kept the rent relatively low/affordable compared to the banks. Random note, but I like that 3cdc is giving names to these buildings. It's a nice little homage, and gives it meaning I feel like.
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Cincinnati: Over-the-Rhine: Development and News
Minor news I guess, but 15th and Race project is now officially known as, "The Allison" building. Also there will be 3 retail spots available for lease (before it was unknown if it would be just 2).
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Cincinnati Over-the-Rhine October 9, 2016
Well those angles are sort of forced on you on the narrow streets. There isn't any room to back up. The way around it, sort-of, is to carry an 8-foot ladder around, which I actually have done in the past. That makes a huge difference because you're able to photograph the buildings without so much foreshortening and you get well above the parked cars. Yeah it's cool seeing a variety of smaller parties getting involved ranging from individuals rehabbing individual buildings to small developers doing just a few houses. The thing is that the 3CDC stuff on the main streets has the tendency to mask how many vacant properties haven't been touched and how many empty lots are still present in pretty much every block. A few blocks give the appearance of being "finished" but they really aren't even close. I'd roughly estimate that OTR isn't even 1/4 redeveloped at this point. The problem is that a lot of people who bought buildings or lots recently paid a ton for them so those projects aren't going to be very profitable and if the economy dips whatever plans they have drawn up aren't going to be carried out for five years. I was actually getting a bit dizzy trying to figure out in my head where everything was because I was so tired I had to finish looking through this morning. I think you are correct only about 1/4 is redeveloped in OTR. There is so much more to go. It seems the economy is doing a bit better but I would venture to guess there is still another big "correction" phase which should probably hit in the next few years I would guess and last a couple years of a more minor recession. I think we are in the midst of a really good boom comparatively and hopefully more projects can get off the ground in the next few years before the inevitable recession happens. I would think that 3CDC and some other big time developers can continue clipping along but the smaller time developers will definitely have an awful time making numbers work if and when the next recession hits. I would argue it's probably more around 10-15%, especially if we add in Pendelton into the mix. South of Liberty still needs work. Even the beginning blocks of Vine St need infill work (12th and vine and that massive lot), and then on the other side you have that large lot that makes republic street visible. Clay St, Walnut street, even Main St (the beginning block of Main by the Davis furniture building) need some infill. Then there's the retail aspect. There are streets that are just so void of any life right now. I know Elm is residential (at least on the south of liberty side), but it would be awesome if we can manage to maybe squeeze a cafe/resturaunt into that block. Walnut Street is mainly anchored by 16 bit. It's pretty dead if it wasn't for that barcade. Main St just constantly struggles in the day and evening hours. Of course all the bars help with it's night life, but that street is incredibly dead in the morning compared to Vine. Then there's obvious gaps that make up Liberty St, and the giant Sycamore Lot that will help intertwine OTR and Pendelton into one. I also can't wait for the day we can demolish that ugly building on Sycamore St that hosts nothing but failing businesses (and hopefully the park haus garage on sycamore can go to). That's just regarding south of liberty. North of Liberty needs less infill work, but there's still lots that need to be filled, and the obvious issue of redeveloping all of the buildings that remain. Also that massive Findley Market parking lot NEEDS to be redeveloped. I'm hoping for underground parking, with perhaps something that extends findley market over the lot. Then you have the empty lots that sit on top of the hill on Peete St, and Mohawk St, and Mulbery St that overlook all of OTR. Easily can be worth millions of dollars in the future. Such beautiful views of OTR on top of those hills, and there are so many lots that are begging to be developed on. Then there's the full redevelopment of Mohawk and Brighton which you can consider as an extension of OTR since they are right next to each other. There's sooo much work left to be done. But if every remaining building gets redeveloped, and all the lots get appropriate infill that helps blend the old with the new. I'm just so excited to see what OTR will look 20 years from now, this neighborhood just has so much potential for our city.
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Cincinnati Over-the-Rhine October 9, 2016
I feel like the garages are an unfortunate necessity. You are asking people to pay upwards to 500k-700k for a new luxery condo, in a city that still has pretty poor public transit, and a neighborhood that still has a high rate of crime and theft. There have been many instances where I've seen cars parked on the street with it's window shattered. I'm not sure if it's just residents playing a joke, or trying to steal. That said, give it time. OTR is still developing, and is still a very "brave" step forward for new urban dwellers. The neighborhood is still gentrifying, the city still needs better public transit, and if these garages help nudge people towards paying for these luxury 600K dollar condo's then so be it.
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Cincinnati: Over-the-Rhine: Development and News
When 3cdc opens their garage you think that will still be the case? Their are literally 2 garages then. I can't imagine how the lot would remain profitable, especially since it's out in the open, compared to a more secure underground garage.
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Cincinnati: Over-the-Rhine: Development and News
I don't know if anyone can confirm the validity of this, but I was told from someone who claims to be in the know with downtown real estate....He said that the Sycamore lot is a hot territory because of its location and the recent redevelopment by 3cdc on Sycamore street, and that Towne properties is apparently trying to expand their OTR/Downtown portfolio apart from their current elm street condos project. I asked which developer was looking at the lot but he said he couldn't tell me just yet. It seems like he was hinting about Towne properties being a player for those lots but I don't know.
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Cincinnati: Random Photos
I think your referring more to the west end. OTR and Pendleton are sort of lumped into one since they border each other. Pendleton for the most part is intact, barring a few side streets. OTR is the same. Clearly their are vacant lots aplenty, but you still have the bones and character of OTR in place. You never feel like that the demolition of the past had gotten to the point where the neighborhood has lost its identity. There is still the remaining part of the old West end, and nearby Mohawk and Brighton which are all fairly intact as well. We lost an entire neighborhood in the Kenyon Barr urban revitalization (the west end), but the other neighborhoods remained, (or at least the general bones of them)
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Cincinnati: Over-the-Rhine: Development and News
I don't know a neighborhood that has elements of Boston North End (Pendleton) and mixtures of Brooklyn and Greenwich village in NYC. It's very easy coast transplanted in the Midwest. If anything it's probably the most striking urban neighborhood in the Midwest. I too think a truly revitalize otr has the potential to be a tourism destination
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Cincinnati: Over-the-Rhine: Development and News
New Infill development is coming to the Northern Liberty side of OTR on Plesant St http://www.cincinnati-oh.gov/buildings/historic-conservation/historic-conservation-board/october-10-2016-staff-report-and-attachments/ Pg 94 It's interesting that we are slowing but surely beginning to see infill rise in the northern liberties portion of OTR. I would still consider the majority of that area is in poor shape, so it's interesting to say the least. I'm guessing the Liberty and Elm, and Findley Marke/Race St projects are really fueling development now in the northern liberties.
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Cincinnati: Over-the-Rhine: Mercer Commons
Slowing but surely OTR is beginning to restore it's original density.
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Cincinnati: Over-the-Rhine: Development and News
Did the source 3 elm and liberty project get approved?
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Cincinnati: Downtown: Encore
Yeah, and bummer. I'm just curious when those existing lots get developed, where exactly does this city have room to expand it's skyline? I just feel like that area of the west end is prime ground for future big developments. Again, this is long in the future (i'm talking 30-40 years worth when I'll be 50'ish years old myself), but I just don't see where Cincy has room to expand when those existing lots get developed on.
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Cincinnati: Downtown: Encore
I was at Bellevue Park today and couldn't help but noticed how the New West End looks so suburban and out of place with the downtown landscape. Especially when compared to the surrounding neighborhood of OTR. Over/Under chance of using that land for urban renewal? I feel like that space could go to much better use in our urban core, and with OTR redeveloping we could transplant the residents back to OTR/Pendelton/Mohawk/Brighton/Mt Auburn
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Cincinnati: Restaurant News & Info
TroyEros replied to The_Cincinnati_Kid's post in a topic in Restaurants, Local Events, & EntertainmentYeah, it's really sad that a new business is coming to the Cincinnati area and choosing to open where it makes the most sense for them to serve their customer base. So, so sad. Jesus what's up with the passive aggressiveness? And all I said that was, "SAD", is the fact that our urban core still lacks restaurants and deli's of this nature.
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Cincinnati: Restaurant News & Info
TroyEros replied to The_Cincinnati_Kid's post in a topic in Restaurants, Local Events, & EntertainmentIs the Shapiro's in Indy also located in the suburbs? I'm always curious when a restaurant chooses to expand and be located in the suburbs, is that more of the ownership group not really trusting the business state of the downtown urban core? Or is there usually another reason attached? Blueash isn't bad compared to say West Chester, but it makes me sad that our urban core is still so desolate when it comes to places like these :/
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Cincinnati: Urban Grocery Stores
I'm sort of hoping that one of those empty lots on Vine St in OTR can host a movie theater. Maybe a boutique movie theater like the one in the Gas light district. It would really buff up OTR's entertainment offerings aside from food and drinking.
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Cincinnati: Downtown: 1010 On The Rhine / Downtown Kroger
Do we know for certain of the status of the Grammers place project? I know they own the land, but if it's not going through is their a possibility they sold the land back to 3cdc? I know the 1st phase was to rehabilitate that first block of building adjacent to grammers which did happen, but everything else has died down. Also to be fair, it makes sense that a grocery store is coming as opposed to 5 years ago. The renaissance that is occurring is pretty evident at this point. You can slowly but surely the population of the urban core begin to repopulate in areas like Pendelton/OTR/The banks/Northside. 5 years ago the banks was still at it's infancy, and the only OTR residents in 2011 were artists/bohemians (not exactly the young professionals that live there now who work for corporations such as GE) who have mostly all packed up there bags for Northside. Would an urban kroger even make sense 5 years ago? Even 3 years ago? I feel like Cincinnati even 3 years ago was a much less active, and less vibrant place than it is today. Every year this city manages to feel more alive than the year prior.
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Cincinnati: Downtown: 1010 On The Rhine / Downtown Kroger
Where did you hear that? The Main and Vine in Seattle is 27,000 square feet. I'm not sure how big the lot at Central Parkway and Walnut is, but that certainly seems plausible. I work at Kroger Corporate so I hear alot of things that drip down to me. From what I understand this has been in the pipeline for a while but Kroger has never really felt the desperate need to pull the trigger until as of late. I don't know if it will be under the same name as Main and Vine (I sort of doubt it since of name recognition and what not), but it will most certainly be a organic/natural grocery store. Tentative target date for the opening is Fall 2018 apparently, which makes sense I guess if the project begins in the next 6-9 months. Could be all bs. I'm just the messenger from what others up the chain have told me.
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Cincinnati: Urban Grocery Stores
Like I mentioned in the other thread, but I guess I'll also mention it here. From what I hear this will be a Main & Vine type of store concept where there will be mainly organic products similar to whole foods. Which is very cool, and I'm happy that an urban store concept is finally coming, especially along the street car line...but with that said, I can't help but feel that this will be a very expensive store to shop at for the lower income residents that live in OTR and downtown.
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Cincinnati: Over-the-Rhine: Development and News
I have a gut feeling that we might be seeing some chains this go around occupying those retail spots. This is the largest development outside of 3cdc work, and I can't help but feel starbucks and panarea and chains of those nature are looking to occupy an OTR store front in the near future. I don't know source 3 ideology on chains compared to 3cdc though.
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Cincinnati: Downtown: 1010 On The Rhine / Downtown Kroger
From what I've heard this is going to be an iteration of the Main & Vine concept that Kroger is working out in other cities. Mostly organic and natural products, similar to whole foods. Great for urban millennials, not so great for many of the low income residents that live in Cincinnati.
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Cincinnati: Downtown: The Banks
Why not take a format that actually works like it does in OTR? Break the spaces into smaller spaces (like abagails, the eagle, etc). Lure in more local restaurateur's/aspiring chefs that want to transition into owning a restaurant, who are from Cincinnati, and that want to establish a new concept (similar to how Ryan Santos is opening up Please on Clay St.) I feel that's what makes OTR food scene so appealing is the lack of name brands, and the variety you get to choose from. Nearly every resturaunt in OTR is successful, and I think that's partially due to the lower rent, but also because of good quality establishments, and these very establishments network with each other (for instance Revolution Rotisserie will feature specials from Sundry and Vice, or Gomez will coincide ties with Half Cut). We need to create a network of local establishments that feed off each other. This whole mentality of, "lets bring in these massive chains that no one really cares about, or you can find in your local strip mall in kenwood or westchester" needs to die.